Tech market rallies: the joy and the danger

📆 30/08/2022 18:50:00
📰 FinancialMail

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Investors should be cautious about how they decide to buy into technology businesses.

Is this another bear market rally? Or was the middle of June really the bottom for battered tech stocks?

The Nasdaq-100 is still down 20% this year at the time of writing, though the recent momentum has swung significantly. Since the recent low on June 16, the index has rallied 18%...A subscription helps you enjoy the best of our business content every day along with benefits such as articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and Sunday Times Daily.

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Business Maverick: Tech drop in China takes Asia stocks off session high: markets wrapAn Asia stock gauge came off session highs on Tuesday amid a slide in Hong Kong and subdued sentiment due to the Federal Reserve’s signal of a sustained period of restrictive monetary policy to quell inflation.
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